Australian shares have limped across the finish line but notched a second straight week of gains, despite facing a slew of domestic and global risks.
The S&P/ASX200 fell 44.3 points on Friday, down 0.49 per cent, to 9020.8, as the broader All Ordinaries lost 60.5 points, or 0.66 per cent, to 9144.7.
The top-200 was still up 1.2 one per cent since Monday and has risen for five of the past six weeks despite the Reserve Bank hiking the official cash rate to 4.85 per cent on Tuesday, its highest level since 2008.
Mining stocks eased from Thursday's surge, tracking tumbling US tech stocks as traders mulled the US midterms' likely impact on the artificial intelligence build-out that has supported 2026 stock prices and driven Wall Street's bull market.
The Australian dollar is buying 69 US cents, down from 70.09 US cents on Thursday at 5pm.
